Day Kimball Healthcare Inc

Analysis

Day Kimball Healthcare Inc is a registered charity in United States, based in Putnam, CT. It received its IRS tax-exemption ruling in July 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Day Kimball Healthcare Inc reported income of $113.8m and spending of $130.7m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $118.3m to $113.8m (-3.8%), an average of -1.0% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Day Kimball Healthcare Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Ascension Medical Group-Fox Valley Wisconsin Inc ($113.8m), St Vincents Health System ($114.0m) and New Vista Communities Inc ($113.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.2% and program service revenue 106% of the total. Compensation of current officers, directors and key employees was $702k (0.5% of expenses). Other salaries and wages came to $44.1m. At year end it held assets of $74.3m against liabilities of $73.9m, net assets of $358k. It reported 1,013 employees.